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Nov 19, 2012
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president obama says israel has the right to defend itself. our reporters are in israel, gaza city and cairo and we'll show you the latest from the ground. also the controversy over red light cameras. are they making us safer drivers? some people are calling them scamers, just raking in cash. >> "cbs this morning" starts at 7:00. thank you. >>> here's something you rarely ever see down under. mother nature turned up the normally tranquil waters off australia with a rare waterspout. this happened earlier yesterday off new south wales. the storm brought rain, hail and lightning. no damage though or injuries were reported. and it's quite the sight. >> a lot better over the water than over land. isn't that right, mr. karnow? >> absolutely. unless you're on a boat and that's no fun but boy a beautiful wall cloud on the base of that. >> is that what that was? [ laughter ] >> around the bay area we have low clouds extending around the bay area. some clouds continuing to stream across the skies as it looks like the weather is going to stay a little bi
president obama says israel has the right to defend itself. our reporters are in israel, gaza city and cairo and we'll show you the latest from the ground. also the controversy over red light cameras. are they making us safer drivers? some people are calling them scamers, just raking in cash. >> "cbs this morning" starts at 7:00. thank you. >>> here's something you rarely ever see down under. mother nature turned up the normally tranquil waters off australia with a rare...
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Nov 19, 2012
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obama is the first sitting u.s. president to visit myanmar he encouraged the country to continue its transition to democracy. >> demonstrators planning to protest in front of the israeli consulate this afternoon palestinian continue to fire more than 100 rockets into israel overnight and israel retaliated. two homes in gaza destroy, killing four, wounding 42. coming up, katie marzullo will tell us about the peace deal world leaders are trying to gauche >> man arrested at oakland international airport for allegedly carrying bomb making materials will be in court today. 49-year-old jeffrey mcgann of southern california was taken into custody thursday night. he a watch with fuses, switches and wires, layers of insoles inside boots which were two sizes too big he told investigators he's an artist and he was carrying artwork his lawyer give a statement he said in part, ex-centric artists behave he can -- eccentric artists behave eccentricly. >>> the battle to bring war -- jurors to san francisco is expected to get new re
obama is the first sitting u.s. president to visit myanmar he encouraged the country to continue its transition to democracy. >> demonstrators planning to protest in front of the israeli consulate this afternoon palestinian continue to fire more than 100 rockets into israel overnight and israel retaliated. two homes in gaza destroy, killing four, wounding 42. coming up, katie marzullo will tell us about the peace deal world leaders are trying to gauche >> man arrested at oakland...
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Nov 19, 2012
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. >>> overseas, president obama is making history today becoming the first commander in chief visiting myanmar. for decades, it was ruled by a military hunta, but as chuck todd reports, the president met with the new prime minister and long time democracy activist. >> reporter: the president wrapped up an historic visits here. 20 hours on the ground in myanmar. the first president to visit this president. he is now in cambodia. he was here and greeted by throngs of people. the president used his time here to try to motivate the current president to continue the reforms. he was sure to spotlight aung san suu kyi. he visited her house and this house is where she was under house arrest for years. the two of them made brief remarks and the president was off to yanggong university. he talked about why it was time for a u.s. president to visit myanmar. to open the door of joining myanmar community. he presented challenges for myanmar. he used stories of the american story and evolution of american democracy as evolution. >> the road ahead is marked by huge challenges. there will be those who
. >>> overseas, president obama is making history today becoming the first commander in chief visiting myanmar. for decades, it was ruled by a military hunta, but as chuck todd reports, the president met with the new prime minister and long time democracy activist. >> reporter: the president wrapped up an historic visits here. 20 hours on the ground in myanmar. the first president to visit this president. he is now in cambodia. he was here and greeted by throngs of people. the...
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Nov 19, 2012
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his visit is followed by to visit from president obama. the 600 customers of the 2.1 million lost power in new jersey still not have electricity. super storm sandy was is possible for 24 deaths there. >> would take a quick break is 5:27. >> we come back with just talk about the vice president will talk about the president and his visit to southeast asia appeared to have more on this historic visit coming up next. we are back. is 5:38 a.m. on the kron 4 morning news. you consider lies on the embarcadero building one and to have been lit. we are at that time of year the holiday season. where people come together. final preparation is underway in san jose for the thanksgiving food giveaway that they do each year. kron 4 it will transf will tran wills live here is is for their work and not collecting the donations?. >> yes they have been collecting hair. the turkeys are ready to go you can see here is one truck full of turkey's and then we swing the camera over here is another truck full of turkey's not to mention a cooler. a week and a half a
his visit is followed by to visit from president obama. the 600 customers of the 2.1 million lost power in new jersey still not have electricity. super storm sandy was is possible for 24 deaths there. >> would take a quick break is 5:27. >> we come back with just talk about the vice president will talk about the president and his visit to southeast asia appeared to have more on this historic visit coming up next. we are back. is 5:38 a.m. on the kron 4 morning news. you consider...
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Nov 19, 2012
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president obama said israel has every right to protect itself. former cia director david petraeus has named the famous lawyer robert barnett. petraeus is facing a possible investigation over his affair with paula broadwell. notre dame hit the top of rankings for the first time ever. it looks to claim the first national title since 1988. the fighting irish remain undefeated. alabama and georgia round out the top three. those are your headlines. now, back to dagen. dagen: thank you so much. regulation choking smaller banks in this country. they have to find a way to get bigger. is that good news for investors? anton, telling about regulation not just choking out at the big level, but also these smaller banks. what are they going through? >> the smallest thing for the smaller banks is that thousand pages of rules. they have had to hire people to make sure they are obeying the rules. lots and lots of compliance people. if you are a small company and you have to hire a number of people, you broke your ability to make money. dagen: do they not did stat
president obama said israel has every right to protect itself. former cia director david petraeus has named the famous lawyer robert barnett. petraeus is facing a possible investigation over his affair with paula broadwell. notre dame hit the top of rankings for the first time ever. it looks to claim the first national title since 1988. the fighting irish remain undefeated. alabama and georgia round out the top three. those are your headlines. now, back to dagen. dagen: thank you so much....
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Nov 19, 2012
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barack obama praises myanmar's trip to democracy. and oil futures hit a two week high as international pressure mounts for a cease-fire in gaza. welcome back. just to keep you abreast with what's taking place at the moment in the uk, you have the uk prime minister david cameron speaking live at cbe conference. confederation of british industry. so he was just talking about how the government needs to be tough, radical and fast and he's continuing to lay out his thoughts there at this conference. we'll keep you up-to-date. tomorrow's euro group meeting is likely to be a tense affair. the imf looks to stick to its guns. christine lagarde told reuters that any financing program needs to be rooted in reality and not in wishful thinking. julia chatter sly is in athens. the chances of officials not green lighting further aid to greece, is it fair to say at the this stage that's very small? >> i think at the moment we have a situation where you have the imf really pushing for debt write down and on the other people wanting an enter rum solu
barack obama praises myanmar's trip to democracy. and oil futures hit a two week high as international pressure mounts for a cease-fire in gaza. welcome back. just to keep you abreast with what's taking place at the moment in the uk, you have the uk prime minister david cameron speaking live at cbe conference. confederation of british industry. so he was just talking about how the government needs to be tough, radical and fast and he's continuing to lay out his thoughts there at this...
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Nov 19, 2012
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. >>> new this morning president obama is now in cambodia. the third and last stopon his asian tour. the president along with secretary of sit hillary clinton arrived just two hours ago. the other history making stop on the president's trip coming up. >>> happening right now holiday shoppers are already lined up outside of a best buy store ahead of black friday. lorraine blanco joining us live. she is in pinole where people are hunkered down in tents as we speak. right? >> yes, they are dave. it's very early and people are already they are out here camping out for black friday. here in pinole you can see there are tents out here. outdoor chairs, even a card table out here. it's very early in the morning. so so far there hasn't been much of a peep from the tents. there was one lady that came out to go to the bathroom. she is not quite ready to talk yet. employees here say this is the earliest shoppers have come out to make sure they are the first in line to take advantage of of course the holiday deals like big screen tvs and laptop computers.
. >>> new this morning president obama is now in cambodia. the third and last stopon his asian tour. the president along with secretary of sit hillary clinton arrived just two hours ago. the other history making stop on the president's trip coming up. >>> happening right now holiday shoppers are already lined up outside of a best buy store ahead of black friday. lorraine blanco joining us live. she is in pinole where people are hunkered down in tents as we speak. right?...
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Nov 19, 2012
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president obama is backing israel. both parties on capitol hill backing him? >> reporter: this is interesting. we've been back and forth so much about the fiscal cliff and seeing democrats and republicans on opposite sides of issues. this is not one of those. in fact listen to what a couple of prom negligent democrats and republicans had to say about the president backing israel. >> president obama and others are doing their very best to see if they can't turn hamas' attacks off. >> all of the republicans and democrats stand with the president in supporting israel. >> reporter: so here's one where president obama says, look, israel has the right to defend itself and we're going to defend that right. you've got top democrats and republicans here on capitol hill saying you're right, the president is right. >> meantime president obama says he's in touch with leaders across the region in hopes of putting a stop to the fighting. israel and hamas have put forth very different conditions for a truce. do you think a cease-fire is likely or even possible at this point?
president obama is backing israel. both parties on capitol hill backing him? >> reporter: this is interesting. we've been back and forth so much about the fiscal cliff and seeing democrats and republicans on opposite sides of issues. this is not one of those. in fact listen to what a couple of prom negligent democrats and republicans had to say about the president backing israel. >> president obama and others are doing their very best to see if they can't turn hamas' attacks off....
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Nov 19, 2012
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jill, exactly what is the obama administration doing right now? >> reporter: well, they're on the phone, wolf. the president is in asia. he is making telephone calls and practically every senior administration person is doing the same thing. president obama calling israel, prime minister netanyahu, and egypt three times to president morsi. and president clinton calling the egyptians three times. i looked at the list, egypt, turkey, qatar, the french, ban ki-moon. and the whole entire is to press any country with any influence on either side but especially with the palestinians with gaza to put the pressure on them to stop the fighting. >> egypt is clearly a key player. they have influence with hamas. what's the u.s. doing in its talks with the egyptian government? >> reporter: again, they're putting as much pressure on them as they can. and there is some pressure because after all, the united states gives egypt about $450 million every year. so here's one expert that we talked to. this is how he explained how the egyptians can use their influence.
jill, exactly what is the obama administration doing right now? >> reporter: well, they're on the phone, wolf. the president is in asia. he is making telephone calls and practically every senior administration person is doing the same thing. president obama calling israel, prime minister netanyahu, and egypt three times to president morsi. and president clinton calling the egyptians three times. i looked at the list, egypt, turkey, qatar, the french, ban ki-moon. and the whole entire is...
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Nov 19, 2012
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so i think a first thing to look at is actually president obama's budget. president obama's budget actually does have specific way to get to additional $1.6 trillion in revenue, people may not like it. we can have a debate around it but it goes line by line as you can get an additional $1.6 trillion in revenue. when it comes to entitlements it has an additional $300 billion in savings. health care it goes line by line. in the next several weeks my guess is we're not going to agree to all those lines. my hope is they agree to overall targets when it comes to entitlements and revenue, they may lay out a number of the ways that you'd end up reaching those targets and several months after that, that actually write the legislation. i think the danger is that when it comes to the discretionary budget, 40% of the budget that's annually appropriate, where you decide how to allocate resources annually, what they decide to do is they end up reducing that category three or five years out. they realize they don't have to make the hard decisions for three to five years
so i think a first thing to look at is actually president obama's budget. president obama's budget actually does have specific way to get to additional $1.6 trillion in revenue, people may not like it. we can have a debate around it but it goes line by line as you can get an additional $1.6 trillion in revenue. when it comes to entitlements it has an additional $300 billion in savings. health care it goes line by line. in the next several weeks my guess is we're not going to agree to all those...
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Nov 19, 2012
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did you see over the weekend president obama was in bangkok confident a deal could be made. geithner sounded confident a deal could be made. it's funny. a number of guys this weekend mentioned to me the signs to buy would not come from congress. it's going to come from the irs. a number of guys have been mentioning it's likely the deal looks possible or even very likely. the irs will issue a directive to everybody essentially telling everybody not to change withholding rates if we look like we have a deal. that's exempting the top 2% of course. when you get that even if you don't have a deal, that's a detectivi directive that the thing will happen there. keep your book light. a lot of guys play different books. 60% long, 40% short. a lot of guys a good part of their books are now in the cash side right now. the important thing is looking at some of these hedge fund returns, most returns are up 4%, 5%, 6%. somewhere around there. the s&p is up 8%. most of them are still under performing on the year. you mentioned the impact on sandy and manufacturing. this certainly makes sen
did you see over the weekend president obama was in bangkok confident a deal could be made. geithner sounded confident a deal could be made. it's funny. a number of guys this weekend mentioned to me the signs to buy would not come from congress. it's going to come from the irs. a number of guys have been mentioning it's likely the deal looks possible or even very likely. the irs will issue a directive to everybody essentially telling everybody not to change withholding rates if we look like we...